Firm Bunker Prices in the Americas

by Ship & Bunker News Team
Monday November 19, 2012

Marine fuel prices in many markets in both North and Latin America climbed today after uncertain movements at the end of last week.

Houston IFO380 climbed $3.00 to $610.50 per metric tonne (pmt) rising $6.50 week-on-week and down $15.50 over the past month. Low sulfur 380 cSt product (LS380) was down for a second consecutive market day dropping $5.00 to $704.00 pmt down $2.50 on last Monday's price, and MGO moved up $8.00 to $1000.50 pmt.

New York IFO380 was up for a third consecutive market day gaining $3.50 to $636.00 pmt putting the price $9.00 higher than last Monday with a one month change of $-3.00. MGO at the port was up $6.00 to $1018.50 pmt 

Los Angeles / Long Beach IFO380 continued to climb for a third consecutive market day up $9.50 to $694.00 pmt, making a week-on-week gain of $14.00 and up on last month by $13.00. LS380 moved up for a fourth consecutive market day rising $4.00 to $781.50 putting the premium for the low sulfur product at $87.50 pmt.

New Orleans IFO380 was up $6.50 to $620.50 pmt, $11.50 higher than last Monday's price but down $12.50 over the past month, and MGO climbed $9.50 to $1006.50 pmt making the price $0.50 below last Monday's.

Vancouver bunker prices made some sharp gains on Monday, with IFO380 moving up $15.50 to $650.00 pmt for a week-on-week gain of $26.50 and up $16.50 over the past two weeks, while MGO rose $23.50 to $1103.00 pmt, up $23.50 from last Monday.